A corrosive harmful effect mockers. You open by talk about the American Dream or the American Dream is closed and bill if it werent for you work or you get rich it was possible for a worker to get a decent job. Get a core of children go to school. To a collapse. Imagine yourself in an outside position looking for mars. What do you see. In the United States when there are professed to like democracy. In a democracy Public Opinion is going to have some influence on policy. And then the government carries out actions determined by the population and thats what democracy means. Its important to understand that privileged and powerful sectors have never liked democracy and for very good reasons. Democracy puts power into the hands of the general population and takes it away from them. As kind of the principle of concentration of wealth and power. Concentration of wealth yields concentration of power particularly so as the cost of elections skyrockets which kind of forces the Political Parti
Objectively than today but there was an expectation that things were going to get better. There was a real sense of hopefulness there isnt today. Inequality is really unprecedented im sure that total inequality its like the worst periods in American History. But if youre a find it more closely inequality comes from the extreme wealth in a tiny sector of the population fraction of one percent. There were periods like the gilded age in the twentys the early ninetys and so on when a situation developed by the similar to this. Now this periods extreme because if you look at their Wealth Distribution the inequality mostly comes from super wealth. Literally the cup 110th of a percent are just super wealthy. Not only is it extremely unjust in itself. Inequality is highly negative consequences on the so it is awful. Because the very fact of inequality has a corrosive harmful effect markers. You opened by talking about the American Dream or the American Dream is classman dillard it will encoura
Bankers to meet when the markets arevolatile, trade tensions are heightened, the Global Economy is slowing, theond market i flashing a warning sign, and theres a lot of uncertain over Interest Rate policy. But thats exactly what is happening in h jacksone, wyoming, and the stakes are high. This annual gathering of federal officials is turning into onef the mostanticipated of all, especially given the deep divisions among policymakers. Steve liesman is there. Reporter as the fed gathers in the shaw of the Teton Mountains for the annual jackson holeeeting, the first officials to speak didnt tell the markets what they wanted to hear about the need for deep Interest Rates cs in the months ahead. I didnt think the cut was propriate necessarily but i went along with it to get back to neutral, but my forecast i ju to hold. My sense was weve added accommodation. Right. And it wasnt req in my view. I think were g in aood place relative to the manda were asked to achieve. Reporter the fed presid
[inaudible conversations] the committee will come to order. Good morning, and welcome to our witnesses, several of whom have traveled the considerable distances to be here today for this important hearing on paid family and medical leave. Before we move to our scheduled committee business, i want to take a moment to acknowledge the recent tragic passing of pamela moomau, a valued member staff of the staff of the joint committee on taxation for over 28 years. A reminder, again, of the considerable talent that exists sometimes outside of the glare of publicity. Pamela began her career at the joint committee on taxation in may of 1991, and over the years applied her skill on many legislative issues, both large and small. Her colleagues on the joint committee on taxation have said that pam was tireless in her dedication to the work of the joint committee, and that she readily accepted projects that were analytically difficult and often data deficient. She was in her office cheerfully worki
Had a legacy i was playing while i was super creasing hair the blonde exploded and so shrapnel flying down to actually some towards me and then stumbling around the home only to find out that many family had a mother and father and brothers and sisters they were all down. At the time because of the war the number of all friends has risen so much that the orphanages cant house them its bleak for this children many of whom have to live rough on the streets. But there are countries who the u. N. Sees are specifically responsible for the crisis in yemen in a recent report that accuses america britain and france of selling arms to parties involved in the conflict and the dirge is them to stop. There are certain states who are well known to be supplying weapons that includes United States it includes the United Kingdom and it includes france to name but 3 the group of experts has recommended that 3rd states prohibit the authorization about arms transfers and refrain from providing arms to pa